Cips dumpscollection vce L4m6 Questions Latest by Ayva q120 vce pdf

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Exam Name:	Supplier Relationships
Exam Code:	L4M6 Dumps
Vendor:	CIPS	Certification:	CIPS Level 4 Diploma in Procurement and Supply
Questions:	180 Q&A's	Shared By:	ayva

Question 16

Which of the following are possible drivers for partnership sourcing? Select THREE.

Options:

The protection of intellectual property rights

The marketplace has become more volatile

Working together will create synergies

The need to improve performance to satisfy the end customer

To increase production costs and lead-times

Discussion

Question 17

Which of the following relationship types require the most investment from the buyer?

Options:

partnership

strategic alliance

single source

adversarial

Discussion

Question 18

Which of the following would not affect rivalry in a marketplace? Select TWO.

Options:

industry growth or decline

exit barriers

switching costs

supply chain disruption

legislative changes

Discussion

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Question 19

Intellectual Property Rights (IPR) include items such as copywrite and trademarks. A buyer is considering entering into a partnership with their supplier to create a new product which will be released in two years’ time. Should IPR be included into a contract between partners?

Options:

Yes- IPR should always remain with the buyer- this will protect those rights

Yes- IPR is a valid concern for both parties but will survive the termination of the agreement

No- a separate legal agreement should be created to cover IPR

No- a contract is not necessary if it is a partnership.